交易商协会出手！加大对债券交易记录相关违规行为惩戒力度

Core Viewpoint - The China Interbank Market Dealers Association has identified widespread issues regarding internal controls and compliance in certain institutions, particularly concerning the preservation of bond trading records, which hampers effective regulation and enforcement against illegal activities [1][2]. Group 1: Issues Identified - Many institutions lack proper internal control systems for preserving bond trading records, which is a fundamental requirement of the bond market [1]. - Compliance and risk management practices are often superficial, failing to effectively implement the necessary internal control systems for record preservation [1]. - There are significant instances where bond trading records are not maintained as required, leading to challenges in reconstructing trading activities and understanding the truth behind transactions [1]. Group 2: Regulatory Actions - The Dealers Association plans to intensify penalties for institutions that violate record-keeping requirements, with disciplinary actions tailored to the severity of the violations [1]. - Specific violations that will attract strict penalties include failure to establish internal control systems for record preservation, ineffective implementation of these systems, and inability to provide complete trading records for serious violations [1]. Group 3: Importance of Compliance - Maintaining complete, accurate, and comprehensive trading records is a basic institutional requirement and an important obligation for market participants [2]. - The Dealers Association emphasizes the need for all market participants to enhance their compliance awareness and operational standards to promote a healthy and orderly market development [2].